When Is a Demand Instrument,such as a Check,payable

question 43

Multiple Choice

When is a demand instrument,such as a check,payable?

• A) As soon as it is issued.
• B) Twenty-four hours after it is issued.
• C) Two days after it is issued.
• D) At midnight the day it is issued.
• E) One hour after it is issued.

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Definitions:

Change

The transformation or modification of an organization and/or its stakeholders.

Diagnostic Activities

Tasks or processes undertaken to identify problems, analyze causes, and determine solutions in various contexts.

Informal Elements

Components within an organization that are not officially documented or structured but contribute to the culture, such as norms, behaviors, and unwritten rules.

Organizational Development

A field of research, theory, and practice dedicated to expanding the knowledge and effectiveness of people to accomplish more successful organizational change and performance.